Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 28 - 02:55 AM

GBP/USD - Respects NY Low After Retreat From 20-Week Peak

By Rob Howard  —  Jul 28 - 02:05 AM
  • Cable elicited support by 1.2843 after retreating from 1.2925 (20-week peak)

  • 1.2843 was Monday's NY session low. Retreat from 1.2925 fuelled by USD flows

  • See: nL2N2EZ060nL3N2EZ0MU. More GBP/USD bids expected near 1.2800

  • 1.2808 was Monday's Ldn am low (1.2803 was last Friday's high)

  • Ascent to 1.2925 influenced by dovish Fed expectations nL2N2EY09B

  • CBI July retail sales balance due 1000GMT, -25 f/c vs -37 in June

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!